Presque Isle Council approves Redevelopment Plan
PRESQUE ISLE, Maine (WAGM) -
City Council has adopted the Downtown Redevelopment Plan, a comprehensive, long-range vision for the heart of Presque Isle.
Galen Weibley, Economic & Community Development Director for Presque Isle, says the plan will benefit not just the city, but surrounding communities.
“This is one of the largest - going to be one of the largest downtown TIF districts in Aroostook County, over 900 acres. And so, if approved by Maine DECD at this point, it will be, again, a huge endeavor that will help with economic revitalization for not only Presque Isle but also the surrounding central Aroostook region as well,” says Galen Weibley.
The 900-acre TIF district would run along Main Street, from Maysville to about Academy Street, and includes part of Parsons Street. Weibley says most of the city’s commercial parcels are located within this area. If approved, funds generated through the Tax Increment Financing District would be used toward things like sidewalk and lighting improvements.
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